Reborn since 1993

Chapter 509 A single move affects the whole body
"Feiyan Technology, the parent company of Himalaya Radio, will apply to NASDAQ for listing as a whole. Feiyan Technology's valuation has already surpassed Netscape, Yahoo, eBay, Amazon and other Internet start-ups, becoming the world's most valuable Internet unicorn company!"

The Wall Street Journal also reported more inside information, saying that Feiyan Technology has set many new records in the Internet.

After the Wall Street Journal, the New York Times followed suit, "Netscape, Yahoo, Sequoia Capital, and Citigroup formed a joint investment consortium in Feiyan Technology, the parent company of Himalaya Radio.

Some analysts estimate that Feiyan Technology's overall listing has raised the valuation of Himalaya Radio.

Although Himalaya's Internet business is still losing money, it is listed as an Internet company. Feiyan Technology will become the Internet company with the highest performance in the Internet industry and the first to achieve "profitability"! "

“Himalaya Radio has created new history for Feiyan Technology. A company that once focused on radios has now embraced the Internet and its valuation has exceeded an astonishing $1.5 billion, surpassing any radio company brand in the world!

This is the magic of the Internet, which is being fully demonstrated to the world for the first time. In the future, the Internet industry will change more industries, and more traditional industries will undergo earth-shaking changes because of the advent of the Internet!"

The Silicon Valley Courier-News has been particularly enthusiastic about praising Feiyan Technology. The financing of Feiyan Technology this time has an unimaginable significance for the Silicon Valley Internet industry. This is the first time that the Internet has changed the real world. How can it not be written about in detail? !
If Feiyan Technology's IPO is successful and its stocks are still sought after, will the giant companies in America, including General Electric, Disney, Walmart, as well as banks, docks, media, fast-moving consumer goods and countless other traditional companies, all choose to embrace the Internet?
If these companies all turn to the Internet, the Internet's golden age will truly be here. Countless hot money, resources, and talents will pour in, and the entire Internet industry will usher in epic development. Of course, new multi-millionaires and billionaires will be born as a result.

Those who praise Feiyan Technology are basically media from the technology and Wall Street camps. After all, Silicon Valley and Wall Street are the direct beneficiaries of the Internet. However, there are also voices of indifference and even opposition, especially from traditional industries in America and regional media in the Rust Belt.

"The listing of Feiyan Technology, the parent company of Himalaya Radio, is a bit tricky. It is not a pure Internet company. Himalaya Radio is just one of Feiyan Technology's businesses, and even accounts for less than 10% of its revenue. However, it is listed as an Internet company, which is suspected of misleading investors!"

The Detroit Metropolitan Times and a Michigan TV station poured cold water on Feiyan Technology's news.

As the automobile city, Detroit has not yet gone bankrupt, but it is already on the verge of collapse. Americans, especially Wall Street, are no longer optimistic about Detroit's automobile industry.

Detroit, which is unwilling to be abandoned by history, naturally wants to regain its voice. It is naturally sarcastic about the emerging Internet industry and wants to reveal the "truth" to Americans so that they will not be deceived and cheated.

But no matter how much the Detroit media shouts, it cannot change the fact that the auto industry is not welcomed by Wall Street. Wall Street would rather bet on losing Internet stocks than buy Ford's stocks.

It also cannot change the fact that General Motors and Ford are constantly moving their production lines from Detroit to Mexico, South Korea, and the inland.

"Buffett, the founder of Berkshire Hathaway, refused to comment on Feiyan Technology and the Internet industry, but Berkshire Hathaway declared that it still has no plans to invest in Internet companies!"

Some media approached Buffett and wanted him to comment on the explosive news that had just been revealed, but Buffett refused to comment.

At this time, Buffett was still investing conservatively and stayed away from the Internet and technology stocks. Coca-Cola, insurance, airlines and bank stocks were his favorites. It was not until more than ten years later that he began investing in technology stocks.

Many people who agree with Buffett's investment philosophy have become much colder towards Feiyan Technology after seeing Buffett's attitude, and believe that the Internet is a scam.

But when one Internet stock after another skyrocketed, increasing tenfold or a hundredfold, Buffett's followers would probably turn against him, thinking that Buffett had delayed their fortune and that his lousy investment theory was simply misleading. At that time, Buffett would probably start to feel confused!

……

“Phoenix TV America’s latest news!
Feiyan Technology, founded by Li Dongling, one of the top 28 richest men in Asia and founder of Dongling Hi-Tech, completed a huge financing of HK$117 billion in America today. The valuation of Feiyan Technology exceeded HK$ billion, making it the most valuable Internet company in Asia! "

Phoenix TV in Hong Kong, which has a resident reporter in America, was the first to report the news after receiving it. On the TV news was a photo of Li Dongling in Hong Kong.

"Mr. Lin Xianhui, general manager of Hong Kong City Cyberport, one of Hong Kong City Telecom's shareholders, claimed that Cyberport is also one of Feiyan Technology's investors and holds a 5% stake in Feiyan Technology!"

When Hong Kong media reported on Feiyan Technology, Cyberport also took the opportunity to show its presence.

Cyberport is preparing to acquire Harbour City Telecommunications and needs to raise a large amount of funds through loans. The more well-known Cyberport is, the more money it can raise.

After this news report came out, Lin Xianhui received a series of calls from a number of wealthy people in Hong Kong, all of whom were trying to find out if there was any opportunity to make a fortune with Feiyan Technology!
“Peregrine shouldn’t have missed Feiyan Technology!”

In the Hong Kong-based Baring Investment Bank, President Liang Botao, looking at the news reports, could not help but slap his thigh and said to another Baring founder, William Du.

Last year, when Li Dongling came to Hong Kong, he mentioned to Liang Botao that Feiyan Technology was going to be listed on NASDAQ.

But at that time, Liang Botao didn’t care too much about Feiyan Technology. What he wanted was to list Dongling Hi-Tech on the Hong Kong stock market. But who could have imagined that in just a few months, Feiyan Technology would suddenly transform from a crow into a phoenix, from a radio manufacturer in a sunset industry, into the most popular Internet company in the technology industry!

The Himalaya Radio website is also online in Hong Kong, but the number of users is not too large. However, the valuation of US$15 billion and HK$117 billion is still far beyond Liang Botao's expectations.

Moreover, Peregrine is a company that specializes in sending companies to the Hong Kong Stock Exchange. It knows very well that the stock price is likely to skyrocket on the day of listing. If Feiyan Technology is listed and its stock price experiences a wave of skyrocketing, its market value may reach as much as 20 to 30 billion Hong Kong dollars.

For example, Baring Securities previously listed red chips such as Lianxiang, Founder, and Soitong, which amounted to more than a billion Hong Kong dollars. The investment of Feiyan Technology alone is equivalent to Baring Securities listing hundreds of red chips.

This is not only related to profits, but more importantly, by operating such a unicorn to go public, Peregrine's popularity will be greatly improved. As a result, he missed it. How can he not regret it!

William Du was watching the news on TV, and suddenly said to Liang Botao, "Maybe Cyberport can really acquire Harbour City Telecom!" Liang Botao was stunned for a moment, and then he couldn't help but fall into deep thought. Last year, Peregrine helped Cyberport acquire 13% of the shares of Harbour City Telecom. But as to whether Cyberport can definitely acquire Harbour City Telecom from Richard Li of Pacific Century Group and the Li family of Singapore Telecommunications, Liang Botao was actually unsure.

But this time, thanks to Himalaya Radio's Internet business, Feiyan Technology's valuation soared to US$1.5 billion. Feiyan Technology's performance in the Americas was almost magical. Even Liang Botao, an old hand, felt amazed by this kind of trading method.

Li Dongling's move can be described as turning decay into magic, transforming a sunset industry company into a high-tech company. This made Liang Botao and the wealthy families in Hong Kong truly see what Li Dongling's methods are, and also know how much "gold" content there is in the top 20 richest people in Asia!

"Great!"

In another company in Hong Kong, Yingke Group, Yuan Tianfan watched the news reports and couldn't help but applaud.

"A glimpse of the whole picture, this move, with the help of America's emerging Internet industry, has reshaped Feiyan Technology's golden image, which is almost as good as changing fate.

The new generation of Asia may really need this person to lead the way in the future..."

Yuan Tianfan, who once served as the head of the Hong Kong Stock Exchange, could not help but be amazed after reviewing Feiyan Technology's operations. He has worked in the Hong Kong Stock Exchange and served as the boss, so he understands the intricacies of the interlocking operations even better.

You have to know that the Internet has just emerged in America. Being able to bet on the Internet at this time is enough to show the trader's amazing sense of smell and insight. The key trader is not in America, but in the inland, which makes Yuan Tianfan even more amazed at Li Dongling's keen sense of smell.

In addition to the sense of smell, you also have to be willing to take risks and go all in. There are countless people with talent, but only a few can realize their talent.

Moreover, this wave was completed on the American territory. Many companies are afraid of overseas countries, and even fewer dare to go there to grab territory. But Feiyan Technology did it and succeeded.

They raised 24 billion Hong Kong dollars in one go and inflated the valuation of Feiyan Technology to billion Hong Kong dollars. Looking across Asia, Yuan Tianfan hasn't seen anyone who can pull off such a trick for a long time!

Recalling the process of the rise of Himalaya Radio, and combining it with the means by which Feiyan Technology's overall application for listing is being adopted today, Yuan Tianfan feels that it is extremely ingenious.

Yuan Tianfan feels that, not to mention Hong Kong, among the younger generation in Asia, including Hong Kong, Japan, Singapore, Siam, Jiaozhi and other places, there are very few who can match Li Dongling, and some of them are even the leaders!

However, just when he said this, Yuan Tianfan saw that his current employer, the second son of the Changjiang Li family, had a unhappy expression on his face, so he took back the rest of his words.

But watching the reports on TV, Yuan Tianfan still couldn't hide his admiration. He even couldn't help but think, if he was under Li Dongling's command, what would the scene be like when he saw this scene with his own eyes in America!
Li Zekai is certainly the leader of the new generation in Hong Kong. He has a keen vision and is daring to take risks. His most famous battle was selling Star TV to Murdoch, making a huge profit of HK$3.5 billion.

But to be honest, when comparing Li Zekai's operation of Star TV back then with that of Feiyan Technology today, who is the winner and who is the loser, Yuan Tianfan feels that everyone who has seen it probably has an idea in their minds, especially after Feiyan Technology goes public, its market value may soar again!

"Has Yingke already lost to Cyberport?"

After a long silence, Li Zekai looked at the talkative Lin Xianhui from Cyberport Company on TV and asked Yuan Tianfan.

"not necessarily!"

Yuan Tianfan also felt that Cyberport's chances of acquiring Hong Kong Telecom were much higher than those of Pacific Century Cyberspace, but he would not give up so easily.

“PCE is a local company in Hong Kong, which puts it on the same starting line as Cyberport. Secondly… you are from the Changjiang Li family, so you may not really lose to Singapore Telecommunications and Tanglin Hi-Tech in the mainland!

When the dust has not settled, everything is possible. If the Cheung Kong Group can come forward and guarantee Yingke and borrow from banks such as HSBC and Standard Chartered, there is a chance to snatch Hong Kong City Telecom from Cyberport and Singapore Telecom! "

"Moreover," Yuan Tianfan's eyes flashed, "Cyberport can use Feiyan Technology to hype itself up, so why can't Yingke hype the Internet?"

Feiyan Technology’s performance in America this time made Yuan Tianfan clearly see that the Internet is becoming a wave and will sooner or later rise in Hong Kong.

Li Zekai moved his lips. He didn't want to rely on the name of the Changjiang Li family. He always wanted to prove himself, but at this critical juncture, he felt that he seemed to have to rely on the Changjiang Li family to turn the tables.

Not only in Hong Kong, the news that Feiyan Technology's valuation exceeded US$1.5 billion caused a stir in Asia. Even in Japan, which was still obsessed with using floppy disks, many media outlets reported on it.

The development of Feiyan Technology is completely contrary to common sense. A radio factory has turned around just by being covered with a layer of Internet skin. This has shocked the Japanese radio manufacturers who have always been proud.

The key is that if Feiyan Technology completes its listing, it is estimated that Feiyan Technology's brand will become extremely famous and be regarded as a "high-tech" company by the world. Otherwise, how could it be listed on NASDAQ?
Moreover, with the money, Feiyan Technology can invest more money in research and development and publicity. Those Japanese radio manufacturers are probably going to be swept into the garbage dump of history...

"SoftBank also needs to promote the Internet in Japan!"

In SoftBank, Masayoshi Son couldn't help it and punched the table. Yahoo, which was invested by SoftBank, has not yet gone public, so he is now known in Silicon Valley as a fool with a lot of money. Many Silicon Valley Internet companies want to make a fortune from him.

He has not yet reaped the benefits of the Internet, but he sees that Feiyan Technology in the inland area has reaped the benefits first. How can Masayoshi Son resist this?

(End of this chapter)